UND Real Estate Pre-Licensure Course ND License Law Latest 2024 Graded A

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The earth's surface extending downward to the center of the earth and upward into space, including all things permanently attached, is known as: A) Real Property B) Real Estate C) Land D) A bund... le of legal rights D) A bundle of legal rights Moveable objects, which are not considered real estate, are known as: A) Real property B) Personal property C) Fixtures D) Emblements B) Personal Property The permanent right to use another's land for the benefit of a neighboring parcel is known as: A) An easement in gross B) An appurtenant easement C) An easement by necessity D) A license B) An appurtenant easement The ownership of property by one person only is known as: A) severalty B) joint tenancy C) tenancy in common D) tenancy by entiretyA) Severalty A condensed history of a title to a particular piece of real estate, including a summary of the original grant, and all subsequent conveyances and encumbrances affecting the property, is known as the: A) abstract of title B) evidence of title C) certificate of title D) chain of title A) Abstract of title The illegal practice of inducing homeowners to sell their properties by making representations about the prospective entry of persons of a certain race/national origin into the neighborhood is also called: A) redlining B) blockbusting C) commingling [Show More]

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